# 5830 Balsam Road, Madison, WI 53711 > **TL;DR:** 8bd/4ba residential multi family, $690,000, built 1961. Est. $3,690/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $690,000 | | Bedrooms | 8 | | Bathrooms | 4 full | | Year Built | 1961 | | Lot Size | 12,197 sqft (0.28 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,489 | | Estimated Insurance | $201 | | **Total** | **$3,690** | ## Nearby Schools - **Elementary:** Orchard Ridge - **Middle:** Toki - **High:** Memorial ## Property Highlights - Built in 1961 - 0.28 acre lot - 2 stories ## Description ### Agent Description Investor opportunity!! This well~maintained 4~unit property offers meaningful updates and landlord~friendly features. Recent improvements include new windows (2026), insulated walls and attic (2023), and water heater (2022). Two upper units have been remodeled with updated flooring, and all units feature split~system AC/heat pumps for added year~round comfort. Each unit includes two tandem parking spaces and separately metered electricity, paid by tenants. Owner pays heat and water/sewer; property has its own water softener. Shared basement coin~operated laundry provides convenient tenant access and additional owner income (~$200/mo). Approximately half the basement is secured landlord storage, including a small finished office-can be used for supplies, records, or on~site management. All units rented, two with long term tenants in place. Convenient Madison location near shopping, dining, parks, transit, and commuter routes.. ## Location - **Address:** 5830 Balsam Road, Madison, WI 53711 - **County:** Dane - **Neighborhood:** Meadowood - **Coordinates:** 43.030592, -89.48216 - **Google Maps:** https://www.google.com/maps?q=43.030592,-89.48216 ## Listing Agent - **Name:** Iza Korwel - **Brokerage:** Premier Realty Team, LLC - **Broker Phone:** (608) 212-3126 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5830-Balsam-Rd-Apt-3_Madison_WI_53711_M80039-99218?f=listhub&s=SCWMLSWI&m=2032345&c=propsimple) ## Photos ![5830 Balsam Road - Photo 1](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1575720067r.jpg) ![5830 Balsam Road - Photo 2](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3693848303r.jpg) ![5830 Balsam Road - Photo 3](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1988271521r.jpg) ![5830 Balsam Road - Photo 4](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f888185096r.jpg) ![5830 Balsam Road - Photo 5](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1437333724r.jpg) ![5830 Balsam Road - Photo 6](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1903752075r.jpg) ![5830 Balsam Road - Photo 7](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f918873938r.jpg) ![5830 Balsam Road - Photo 8](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f2457930346r.jpg) ![5830 Balsam Road - Photo 9](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1803950704r.jpg) ![5830 Balsam Road - Photo 10](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3149394056r.jpg) ![5830 Balsam Road - Photo 11](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f585758929r.jpg) ![5830 Balsam Road - Photo 12](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f4021214070r.jpg) ![5830 Balsam Road - Photo 13](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f827110352r.jpg) ![5830 Balsam Road - Photo 14](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1493431246r.jpg) ![5830 Balsam Road - Photo 15](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f553326442r.jpg) ![5830 Balsam Road - Photo 16](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f110906236r.jpg) ![5830 Balsam Road - Photo 17](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3662647711r.jpg) ![5830 Balsam Road - Photo 18](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f2139266520r.jpg) ![5830 Balsam Road - Photo 19](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1325499461r.jpg) ![5830 Balsam Road - Photo 20](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1941812492r.jpg) ![5830 Balsam Road - Photo 21](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1950036027r.jpg) ![5830 Balsam Road - Photo 22](http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1736618414r.jpg) --- **MLS#:** 2032345 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83#listing", "url": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83", "name": "5830 Balsam Road, Madison, WI 53711", "description": "Investor opportunity!! This well~maintained 4~unit property offers meaningful updates and landlord~friendly features. Recent improvements include new windows (2026), insulated walls and attic (2023), and water heater (2022). Two upper units have been remodeled with updated flooring, and all units feature split~system AC/heat pumps for added year~round comfort. Each unit includes two tandem parking spaces and separately metered electricity, paid by tenants. Owner pays heat and water/sewer; property has its own water softener. Shared basement coin~operated laundry provides convenient tenant access and additional owner income (~$200/mo). Approximately half the basement is secured landlord storage, including a small finished office-can be used for supplies, records, or on~site management. All units rented, two with long term tenants in place. Convenient Madison location near shopping, dining, parks, transit, and commuter routes..", "image": [ "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1575720067r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3693848303r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1988271521r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f888185096r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1437333724r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1903752075r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f918873938r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f2457930346r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1803950704r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3149394056r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f585758929r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f4021214070r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f827110352r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1493431246r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f553326442r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f110906236r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3662647711r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f2139266520r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1325499461r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1941812492r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1950036027r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1736618414r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1575720067r.jpg", "caption": "5830 Balsam Road - Madison, WI" }, "datePosted": "2026-10-28T09:26:40.180Z", "dateModified": "2026-10-28T09:26:40.180Z", "mainEntity": { "@type": "Accommodation", "@id": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83#property", "name": "5830 Balsam Road, Madison, WI 53711", "address": { "@type": "PostalAddress", "streetAddress": "5830 Balsam Road", "addressLocality": "Madison", "addressRegion": "WI", "postalCode": "53711", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 43.030592, "longitude": -89.48216 }, "image": [ "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1575720067r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3693848303r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1988271521r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f888185096r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1437333724r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1903752075r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f918873938r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f2457930346r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1803950704r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3149394056r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f585758929r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f4021214070r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f827110352r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1493431246r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f553326442r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f110906236r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f3662647711r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f2139266520r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1325499461r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1941812492r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1950036027r.jpg", "http://lh.rdcpix.com/0aa04b0868aefa7cbabbd7fbe1167fc6l-f1736618414r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "2032345" }, "accommodationCategory": "Other", "numberOfBedrooms": 8, "numberOfBathroomsTotal": 4, "numberOfFullBathrooms": 4, "yearBuilt": 1961, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Steam" }, { "@type": "LocationFeatureSpecification", "name": "Appliances", "value": "4" }, { "@type": "LocationFeatureSpecification", "name": "Parking Features", "value": "Off Street" } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.28 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 2 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83#offer", "url": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83", "price": 690000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83#agent", "name": "Iza Korwel", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/5830-balsam-road-madison-wi-53711-9551ce006c104cabbc94c7349aeeba83#brokerage", "name": "Premier Realty Team, LLC", "telephone": "(608) 212-3126", "logo": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/c5ababc31f61ba70011f61eed9a7002dk-c1152005896r.png" } } } } ```